-- Connecting the dots between our economy, government and business --
Summary and audio linked here.
Chicago’s political leadership is floating a pension buyout program as evidence it is seriously addressing the city’s thirty-six-billion-dollar unfunded pension liability, but Mark Glennon, founder of the Illinois policy research organization Wirepoints, said that the proposal moves debt from one column to another rather than reducing it, and that the broader fiscal picture facing the city continues to deteriorate across every measurable dimension. Audio here.
Expect no retraction or apology. This what they do.
The state’s existing buyout program for its own pensions is the precedent for Chicago, which should be a warning: Look out for similar exaggerated claims and shoddy analysis.
Full interview and summary linked here.
SIGN UP HERE FOR OUR FREE WIREPOINTS DAILY NEWSLETTER
Willie’s just another commie. Thanks for the nice sound bite though.
Outside of this one sentence, the rest of the CST article is liberal garbage, implying crime rates have declined so far it would be incredibly unnecessary to send in help. I wonder if they do any onsite reporting from the west side when they put that nonsense into print. It is inexcusable that MSM ignores Willie and Pastor Brooks when they don’t agree with the liberal narrative.
CHI media ignores anything it finds inconvenient. How many stories do you see everyday on other platforms that never get even a whiff of a mention on “ network “ news. A casual read of HeyJackass is a real eye opener as to the machinations of Johnson, aided and abetted by a media implicit to a” Joe is as sharp as a tack!” level. CWB Chicago also has the stones to report what’s happening on a daily basis instead of feel good fluff and promos for the evening’s upcoming entertainment.